NextGen Day

Iloilo province has been designated as one of the host sites for the renewable energy expansion project of the Meralco PowerGen Corporation (MGen) and the Global Business Power Corporation (GBP) (GBP).

Jaime Azurin, president and chief executive officer of the MGen-GBP, said all their projects are currently in Luzon because of Meralco but the next phase will be to have the renewable project in the Visayas.

“We would like to extend the 1,500 megawatts of renewable energy to the Visayas. So we are looking at Cebu and Iloilo to be able to expand our expertise and give clean energy to our consumers in the Visayas sector,” he said in a news conference on Wednesday.

He stated the greatest possible energy for Iloilo is solar but they have yet to find a spot to pursue the project that will benefit the entire Panay Island that includes encompasses the provinces of Capiz, Antique and Aklan.

“All the utility firms under the new policy will have to buy renewable or what they call renewable portfolio requirements. We must provide Panay with renewable energy from our end, he remarked.

He continued by stating that Panay Island requires 200 megawatts of renewable energy.

Currently, it already supplies power through its Panay Power Corporation to all-electric distribution utilities on the island, except for the More Power Corporation.

Through its power plants headquartered in the La Paz district, GBP, a major energy firm in the Visayas Region and Mindoro Island, has been in Iloilo City for more than ten years.

“We are pleased to have witnessed Iloilo’s development over the past ten years as a result of the power plants we constructed. It was in 2010 when we erected our power plants and you see all these development that propelled Iloilo as the fastest-growing city in the Visayas,” he remarked.

Save/Share this story with QR CODE

---

Disclaimer

This article is for informational purposes only and does not constitute endorsement of any specific technologies or methodologies and financial advice or endorsement of any specific products or services.

Need to get in touch?

Feel free to Contact NextGenDay.com for comments, suggestions, reviews, or anything else.

---

We appreciate your reading. Simple Ways To Say Thanks & Support Us:
1.) GIVE A TIP. Send a small donation thru Paypal
Your DONATION will be used to fund and maintain NEXTGENDAY.com
Subscribers in the Philippines can make donations to mobile number 0917 906 3081, thru GCash.
3.) BUY or SIGN UP to our AFFILIATE PARTNERS.
4.) Give this news article a THUMBS UP, and Leave a Comment (at Least Five Words).

---

AFFILIATE PARTNERS

World Class Nutritional Supplements - Buy Highest Quality Products, Purest Most Healthy Ingredients, Direct to your Door! Up to 90% OFF.
Join LiveGood Today - A company created to satisfy the world's most demanding leaders and entrepreneurs, with the best compensation plan today.

---